PensionDanmark Pensionsforsikringsaktieselskab Increases Stock Position in General Dynamics Corporation $GD

PensionDanmark Pensionsforsikringsaktieselskab grew its position in shares of General Dynamics Corporation (NYSE:GD) by 17.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 57,760 shares of the aerospace company’s stock after purchasing an additional 8,429 shares during the period. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in General Dynamics were worth $20,461,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in GD. Brighton Jones LLC raised its stake in General Dynamics by 16.9% during the fourth quarter. Brighton Jones LLC now owns 2,885 shares of the aerospace company’s stock valued at $760,000 after purchasing an additional 417 shares in the last quarter. Acadian Asset Management LLC boosted its holdings in shares of General Dynamics by 140.2% in the 1st quarter. Acadian Asset Management LLC now owns 3,445 shares of the aerospace company’s stock worth $938,000 after purchasing an additional 2,011 shares during the period. Sivia Capital Partners LLC bought a new position in shares of General Dynamics during the 2nd quarter valued at approximately $240,000. Flow Traders U.S. LLC purchased a new stake in General Dynamics during the 2nd quarter valued at $352,000. Finally, Jump Financial LLC bought a new stake in General Dynamics in the second quarter worth $1,284,000. 86.14% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, EVP Marguerite Amy Gilliland sold 43,180 shares of the business’s stock in a transaction on Friday, July 31st. The stock was sold at an average price of $378.04, for a total transaction of $16,323,767.20. Following the transaction, the executive vice president directly owned 44,767 shares in the company, valued at $16,923,716.68. The trade was a 49.10% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Phebe N. Novakovic sold 51,568 shares of the company’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $382.58, for a total value of $19,728,885.44. Following the transaction, the chief executive officer directly owned 766,457 shares in the company, valued at $293,231,119.06. This represents a 6.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 172,938 shares of company stock worth $63,093,675 over the last quarter. Company insiders own 1.40% of the company’s stock.

Trending Headlines about General Dynamics

Here are the key news stories impacting General Dynamics this week:

• Positive Sentiment: Strong earnings momentum: General Dynamics recently reported quarterly earnings of $4.24 per share, exceeding the $3.96 consensus estimate, while revenue of $14.09 billion also surpassed expectations and increased 8.1% year over year. Full-year 2026 guidance remains $16.80–$16.90 per share, supporting the company’s growth outlook.
• Positive Sentiment: Higher analyst price target: Wells Fargo raised its price target for GD to $440, indicating perceived upside from recent trading levels and reinforcing generally constructive analyst sentiment. The broader analyst consensus is “Moderate Buy,” with an average target of approximately $409.68. Wells Fargo Raises General Dynamics Price Target
• Positive Sentiment: Dividend declared: The board authorized a regular quarterly dividend of $1.59 per share, payable November 13 to shareholders of record October 9. The $6.36 annualized payout represents a yield of about 1.6% and provides ongoing income support for investors. General Dynamics Board Declares Dividend
• Neutral Sentiment: Board appointment: General Dynamics elected Danny Deep to its board of directors. The move may add relevant leadership or industry expertise, but the company provided no details suggesting an immediate financial impact. General Dynamics Elects Danny Deep to Board
• Negative Sentiment: Executive stock sale: EVP Marguerite Amy Gilliland sold 43,180 shares worth approximately $16.3 million, reducing her direct holdings by 49.1%. Although insider sales can reflect personal financial planning, the transaction may modestly weigh on sentiment.

General Dynamics Stock Performance

GD stock opened at $386.32 on Friday. General Dynamics Corporation has a one year low of $306.77 and a one year high of $400.00. The firm has a market cap of $104.52 billion, a price-to-earnings ratio of 23.57, a PEG ratio of 2.22 and a beta of 0.33. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.96 and a current ratio of 1.44. The firm has a 50-day simple moving average of $363.93 and a two-hundred day simple moving average of $353.39.

General Dynamics (NYSE:GD) last posted its quarterly earnings data on Wednesday, July 29th. The aerospace company reported $4.24 EPS for the quarter, topping the consensus estimate of $3.96 by $0.28. The firm had revenue of $14.09 billion during the quarter, compared to analyst estimates of $13.52 billion. General Dynamics had a net margin of 8.18% and a return on equity of 17.43%. General Dynamics’s revenue was up 8.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $3.74 EPS. General Dynamics has set its FY 2026 guidance at 16.800-16.900 EPS. On average, equities analysts forecast that General Dynamics Corporation will post 16.97 EPS for the current fiscal year.

General Dynamics Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, October 9th will be issued a dividend of $1.59 per share. This represents a $6.36 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Friday, October 9th. General Dynamics’s dividend payout ratio is currently 38.80%.

Wall Street Analysts Forecast Growth

Several research firms have commented on GD. Citigroup lifted their price objective on shares of General Dynamics from $364.00 to $404.00 and gave the stock a “neutral” rating in a research note on Thursday, July 30th. TD Cowen raised their target price on shares of General Dynamics from $390.00 to $420.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $384.00 price target on shares of General Dynamics in a research note on Thursday, July 30th. BNP Paribas Exane increased their target price on General Dynamics from $390.00 to $430.00 and gave the stock an “outperform” rating in a research note on Thursday, July 30th. Finally, Jefferies Financial Group lifted their price target on shares of General Dynamics from $400.00 to $440.00 and gave the company a “buy” rating in a research note on Thursday, July 9th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $409.68.

General Dynamics Profile

General Dynamics is a major American aerospace and defense contractor that designs, manufactures and supports a broad range of products and services for government and commercial customers worldwide. Headquartered in the United States (Reston, Virginia), the company supplies platforms and systems used by armed forces, civil authorities and private operators across multiple domains including air, land, sea and cyber.

Its principal activities span several operating businesses: a business aviation unit that develops and supports Gulfstream business jets; land systems that produce armored combat vehicles and related logistics and sustainment services; marine systems that design and construct submarines and surface ships for navies; and mission systems and information technology operations that provide command-and-control, communications, cybersecurity and systems-integration services.